National Bankshares Lowers Fremont Gold (CVE:FRE) Price Target to C$16.50

Fremont Gold (CVE:FRE) had its price target cut by investment analysts at National Bankshares from C$17.00 to C$16.50 in a research note issued to investors on Friday, BayStreet.CA reports.

Fremont Gold Trading Up 9.5 %

FRE opened at C$0.12 on Friday. Fremont Gold has a 12-month low of C$0.05 and a 12-month high of C$0.14. The business’s fifty day simple moving average is C$0.11 and its 200-day simple moving average is C$0.10. The company has a market capitalization of C$6.68 million, a price-to-earnings ratio of -0.88 and a beta of 0.45.

Fremont Gold Company Profile

Fremont Gold Ltd., an exploration stage company, engages in the acquisition, exploration, and evaluation of mineral properties in the United States and Canada. The company explores for gold and copper deposit. The company was formerly known as Palisades Ventures Inc and changed its name to Fremont Gold Ltd.